Turnover in trade grew Turnover in trade grew by 9.8 per cent in August 2022
release | Turnover of trade 2022, AugustAccording to Statistics Finland, turnover in total trade adjusted for working days increased by 9.8 per cent from one year ago. The working day adjusted volume of sales in total trade, from which the impact of price changes has been eliminated, went down by 3.7 per cent. Turnover in trade also grew in August compared to the previous month.
Key selections
- Turnover in total trade adjusted for working days continued to grow in August 2022.
- The rise in prices decreased the volume of sales compared with the previous year.
Turnover increased in all biggest industries of trade
Working day adjusted turnover in the trade industry with the biggest turnover, wholesale trade, grew in August by 15.2 per cent, but sales volume decreased by 3.6 per cent year-on-year. The more favourable development in turnover than in sales volume in wholesale trade is explained by higher prices especially of processed petroleum products and food
In retail trade, working day adjusted turnover grew by 4.2 per cent in August but sales volume decreased by 4.1 per cent. Turnover in daily consumer goods trade increased by 5.1 per cent from the previous year while sales volume decreased by 5.1 per cent in the corresponding period. Turnover in department store trade grew by 4.8 per cent but sales volume decreased by 2.8 per cent from one year back. Turnover in specialised store trade grew by 1.3 per cent while sales volume fell by 3.9 per cent.
The working day adjusted turnover of motor vehicle trade grew by 2.9 per cent year-on-year in August. The sales volume was 2.9 per cent lower than one year ago.
Seasonally adjusted turnover grew compared to July
Seasonally adjusted turnover in total trade grew by 1.7 per cent in August from July. Seasonally adjusted sales volume went up by 1.5 per cent. In July, seasonally adjusted turnover fell by 0.8 per cent and sales volume by 0.5 per cent compared to the month before.
Tables
Annual change of the working day adjusted turnover and sales volume in industries of trade, % (TOL 2008)
Data revisions
Revision of annual changes in working day adjusted turnover in industries of trade
Revision of long-term annual changes in working day adjusted turnover in industries of trade
Database tables
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